cost price (CP) is 1120 and selling price (SP) is 1260 what is the percentage (%)
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rcost price (CP) is 1120 and selling price (SP) is 1260 what is the percentage (%)
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Answer:
Your answer is given below
CP =Rs1120
SP =Rs1260
P =SP - CP =Rs(1260-1120) =Rs140
P% =(Profit / CP) × 100 =(140/1120)×100 =12.5%
Thus,
Gain is of Rs140 and Gain percentage is 12.5%
thanks
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